Blockchain Association Chooses CFTC’s Summer Mersinger to Lead High-Stakes Crypto Lobbying

The Blockchain Association has confirmed that CFTC Commissioner Summer Mersinger will leave the regulator on May 30 and assume the CEO role on June 2, replacing Kristin Smith and bringing two decades of Capitol Hill and agency experience to the crypto lobby’s final push for fit-for-purpose legislation.
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Asia’s Richest Ditch U.S. Dollars for Crypto, Gold and Chinese Assets, UBS Reveals

UBS has reported that Asia’s billionaires have reduced reliance on the U.S. Dollar, directing funds toward cryptocurrencies, gold and Chinese sectors. Declining reserve dominance, tariff détente and expanding digital wealth tools have supported a 25 % gold rally and deeper allocation to Bitcoin.
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Robinhood To Acquire WonderFi for $178M at 41% Premium – Canada Crypto Power Play

Robinhood has reached a C$250 million agreement to acquire WonderFi, owner of Bitbuy and Coinsquare with C$2.1 billion in custody. Staff will join Robinhood Crypto, while Toronto hub grows. Closing in H2 2025, the deal strengthens a crypto push centered on Canada. Shareholders will receive C$0.36 cash.
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